Stock Market & Financial Investment News

CSX sell-off a buying opportunity, says FBR CapitalFBR Capital views yesterday's post-earnings sell-off in shares of CSX Corporation as a buying opportunity. The firm believes expectations for lower earnings growth in 2014 are now fully priced into shares and keeps an Outperform rating on the stock. FBR lowered its price target for shares to $33 from $35.

CSX downgraded to Neutral from Buy at Cleveland ResearchCleveland Research downgraded CSX to Neutral due to a more cautious view of the rail industry given rising labor costs, lingering near-term service issues, and slowing oil and gas related carload growth.